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    February 10, 2021 By

    Four upcoming road links to solve Delhi’s traffic mess

    The projects are part of a Rs 50,000 crore plan to docongest Delhi and curb vehicular pollution will begin this year. The new road links will not only reduce the traffic load on arterial roads such as Rind Road but also make it easier to travel between various zones of the city.The four projects, announced […]

    February 4, 2021 By

    A third REIT from India’s office market

    Canada’s Brookfield Asset Management, with real estate assets under management worth $6.6 billion in India, is expecting to shore up ₹3,800 crore from the public market by listing the Brookfield REIT.In a fillip to India’s commercial real estate market, another Real Estate Investment Trust (REIT) listing is set to debut in the domestic public market […]

    February 2, 2021 By

    DIVIDEND PAYMENTS TO REAL ESTATE INVESTMENT TRUSTS EXEMPTED FROM TDS

    The government has decided to exempt dividend payments to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) from tax deduction at source (TDS). Presenting the Union Budget FY22, Finance Minister Nirmala Sitharaman said that the move has been made to provide ease of compliance. Further, as the amount of dividend income cannot be […]

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